Chart Art: Another Pullback on WTI Crude Oil (USOIL)?
WTI crude oil continues to cruise inside its channel on the short-term time frame, and it looks like another correction is in the works. Is the trend still our friend?
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WTI crude oil continues to cruise inside its channel on the short-term time frame, and it looks like another correction is in the works. Is the trend still our friend?
Read MoreEUR/JPY has taken quite a tumble and is now chilling closer to a major support zone. Are we looking at a long-term bounce in the making?
Read MoreThe FX market enters another pivotal week marked by significant central bank divergence, trade dynamics, and global inflation updates!
Read MoreOur FX strategists focused on the NZ Employment report & Bank of England monetary policy statement for potential high-quality setups in NZD & GBP pairs.
Read MoreBOE’s rate cut may be priced in, leading to a bullish GBP reaction, especially if BOE members stay away from uber dovish remarks.
Read MoreMarkets appear to have priced in strong odds of a 0.25% rate cut from the BOE, but what if the central bank hints at even more easing to come? Here are potential GBP/NZD and GBP/JPY breakouts I’m watching in this scenario.
Read MoreU.S. crude oil prices almost hit the $75.00 level but dropped back down to its current $72.00 price area. What’s up with that?!
Read MoreMarket watchers aren’t exactly setting the bar high for New Zealand’s jobs figures, but what if the actual results do surprise to the upside? Better keep an eye out for these trend channels on AUD/NZD and NZD/CAD!
Read MoreOur Event Guide suggests weaker labor market figures than what the markets expect. Will New Zealand’s jobs report add to NZD’s pain this week?
Read MoreAfter busting through the $2,800 resistance zone, gold seems to be back in correction mode once again. Are buyers still ready to defend these support levels?
Read Moreif I wait long enough, there’s always another great trade that will set up. I am more concerned about the mistakes I make than the markets that I miss.Peter L. Brandt